UNITED\ue000 STATES
SECURITIES\ue000 AND\ue000 EXCHANGE\ue000 COMMISSION
Washington,\ue000 D.C.\ue000 20549

Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 Registrant\ue000 (1)\ue000 has\ue000 filed\ue000 all\ue000 reports\ue000 required\ue000 to\ue000 be\ue000 filed\ue000 by\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934\ue000 during\ue000 the\ue000 past\ue000 12\ue000 months\ue000 (or\ue000 for\ue000 such\ue000 shorter\ue000 period\ue000 that\ue000 the\ue000 registrant\ue000 was\ue000 required\ue000 to file\ue000 such\ue000 reports),\ue000 and\ue000 (2)\ue000 has\ue000 been\ue000 subject\ue000 to\ue000 such\ue000 filing\ue000 requirements\ue000 for\ue000 the\ue000 past\ue000 90\ue000 days.\ue000 [X]\ue000 Yes\ue000 [\ue000 \ue000 ]\ue000 No

Indicate\ue000 by\ue000 check\ue000 mark\ue000 if\ue000 disclosure\ue000 of\ue000 delinquent\ue000 filers\ue000 pursuant\ue000 to\ue000 Item\ue000 405\ue000 of\ue000 Regulation\ue000 S-K\ue000 is\ue000 not\ue000 \ue000 contained\ue000 herein, and\ue000 will\ue000 not\ue000 be\ue000 contained,\ue000 to\ue000 the\ue000 best\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 knowledge,\ue000 in\ue000 definitive\ue000 proxy\ue000 or\ue000 information\ue000 statements incorporated\ue000 by\ue000 reference\ue000 in\ue000 Part\ue000 III\ue000 of\ue000 this\ue000 Form\ue000 10-K\ue000 or\ue000 any\ue000 amendment\ue000 to\ue000 this\ue000 Form\ue000 10-K.\ue000 [\ue000 \ue000 ]

Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 is\ue000 a\ue000 large\ue000 accelerated\ue000 filer,\ue000 an\ue000 accelerated\ue000 filer,\ue000 a\ue000 non-accelerated\ue000 filer,\ue000 or\ue000 a smaller\ue000 reporting\ue000 company.\ue000 \ue000 See\ue000 the\ue000 definitions\ue000 of\ue000 \u201clarge\ue000 accelerated\ue000 filer,\u201d\ue000 \u201caccelerated\ue000 filer\u201d\ue000 and\ue000 smaller\ue000 reporting company\u201d\ue000 in\ue000 Rule\ue000 12b-2\ue000 of\ue000 the\ue000 Exchange\ue000 Act.

State\ue000 the\ue000 aggregate\ue000 market\ue000 value\ue000 of\ue000 the\ue000 voting\ue000 and\ue000 non-voting\ue000 common\ue000 equity\ue000 held\ue000 by\ue000 non-affiliates\ue000 computed\ue000 by\ue000 reference to\ue000 the\ue000 price\ue000 at\ue000 which\ue000 the\ue000 common\ue000 equity\ue000 was\ue000 last\ue000 sold,\ue000 or\ue000 the\ue000 average\ue000 bid\ue000 and\ue000 asked\ue000 price\ue000 of\ue000 the\ue000 last\ue000 business\ue000 day\ue000 of\ue000 the registrant\u2019s\ue000 most\ue000 recently\ue000 completed\ue000 second\ue000 fiscal\ue000 quarter.\ue000 $0.00

Our\ue000 Glass,\ue000 Inc.\ue000 (hereinafter\ue000 referred\ue000 to\ue000 as\ue000 \u201cwe,\u201d\ue000 \u201cus,\u201d\ue000 \u201cour,\u201d\ue000 \u201cOur\ue000 Glass,\u201d\ue000 the\ue000 \u201cCompany\u201d,\ue000 or\ue000 the \u201cRegistrant\u201d)\ue000 was\ue000 incorporated\ue000 with\ue000 the\ue000 name\ue000 Hourglass,\ue000 Inc.\ue000 under\ue000 the\ue000 laws\ue000 of\ue000 the\ue000 State\ue000 of\ue000 Nevada\ue000 on June\ue000 4,\ue000 1999.\ue000 \ue000 On\ue000 August\ue000 30,\ue000 2004\ue000 the\ue000 Company\ue000 changed\ue000 its\ue000 name\ue000 to\ue000 Our\ue000 Glass,\ue000 Inc.\ue000 \ue000 To\ue000 date,\ue000 the Company\u2019s\ue000 only\ue000 activities\ue000 have\ue000 been\ue000 organizational\ue000 ones,\ue000 directed\ue000 at\ue000 developing\ue000 its\ue000 business\ue000 plan\ue000 and raising\ue000 its\ue000 initial\ue000 capital.\ue000 \ue000 The\ue000 Company\ue000 has\ue000 not\ue000 commenced\ue000 any\ue000 commercial\ue000 operations.\ue000 \ue000 The\ue000 Company\ue000 has no\ue000 full-time\ue000 employees\ue000 and\ue000 owns\ue000 no\ue000 real\ue000 estate.

The\ue000 Company\ue000 is\ue000 a\ue000 development\ue000 stage\ue000 company,\ue000 whose\ue000 business\ue000 plan\ue000 is\ue000 to\ue000 seek,\ue000 investigate,\ue000 and,\ue000 if warranted,\ue000 acquire\ue000 one\ue000 or\ue000 more\ue000 properties\ue000 or\ue000 businesses,\ue000 and\ue000 to\ue000 pursue\ue000 other\ue000 related\ue000 activities\ue000 intended\ue000 to enhance\ue000 shareholder\ue000 value.\ue000 The\ue000 acquisition\ue000 of\ue000 a\ue000 business\ue000 opportunity\ue000 may\ue000 be\ue000 made\ue000 by\ue000 purchase,\ue000 merger, exchange\ue000 of\ue000 stock,\ue000 or\ue000 otherwise,\ue000 and\ue000 may\ue000 encompass\ue000 assets\ue000 or\ue000 a\ue000 business\ue000 entity,\ue000 such\ue000 as\ue000 a\ue000 corporation,

oint\ue000 venture,\ue000 or\ue000 partnership.\ue000 The\ue000 Company\ue000 has\ue000 very\ue000 limited\ue000 capital,\ue000 and\ue000 it\ue000 is\ue000 unlikely\ue000 that\ue000 the\ue000 Company\ue000 will be\ue000 able\ue000 to\ue000 take\ue000 advantage\ue000 of\ue000 more\ue000 than\ue000 one\ue000 such\ue000 business\ue000 opportunity.\ue000 The\ue000 Company\ue000 intends\ue000 to\ue000 seek opportunities\ue000 demonstrating\ue000 the\ue000 potential\ue000 of\ue000 long-term\ue000 growth\ue000 as\ue000 opposed\ue000 to\ue000 short-term\ue000 earnings.

It\ue000 is\ue000 anticipated\ue000 that\ue000 the\ue000 Company's\ue000 officers,\ue000 directors,\ue000 and\ue000 non-management\ue000 principal\ue000 shareholders\ue000 named herein\ue000 will\ue000 contact\ue000 broker-dealers\ue000 and\ue000 other\ue000 persons\ue000 with\ue000 whom\ue000 they\ue000 are\ue000 acquainted\ue000 who\ue000 are\ue000 involved\ue000 in corporate\ue000 finance\ue000 matters\ue000 to\ue000 advise\ue000 them\ue000 of\ue000 the\ue000 Company's\ue000 existence\ue000 and\ue000 to\ue000 determine\ue000 if\ue000 any\ue000 companies\ue000 or businesses\ue000 they\ue000 represent\ue000 have\ue000 a\ue000 general\ue000 interest\ue000 in\ue000 considering\ue000 a\ue000 merger\ue000 or\ue000 acquisition\ue000 with\ue000 a\ue000 development stage\ue000 company.\ue000 No\ue000 assurance\ue000 can\ue000 be\ue000 given\ue000 that\ue000 the\ue000 Company\ue000 will\ue000 be\ue000 successful\ue000 in\ue000 finding\ue000 or\ue000 acquiring\ue000 a desirable\ue000 business\ue000 opportunity,\ue000 given\ue000 the\ue000 limited\ue000 funds\ue000 that\ue000 are\ue000 expected\ue000 to\ue000 be\ue000 available\ue000 for\ue000 acquisitions,\ue000 or that\ue000 any\ue000 acquisition\ue000 that\ue000 occurs\ue000 will\ue000 be\ue000 on\ue000 terms\ue000 that\ue000 are\ue000 favorable\ue000 to\ue000 the\ue000 Company\ue000 or\ue000 its\ue000 stockholders.

The\ue000 Company's\ue000 search\ue000 will\ue000 be\ue000 directed\ue000 toward\ue000 small\ue000 and\ue000 medium-sized\ue000 enterprises\ue000 which\ue000 have\ue000 a\ue000 desire\ue000 to become\ue000 public\ue000 corporations\ue000 and\ue000 which\ue000 are\ue000 able\ue000 to\ue000 satisfy,\ue000 or\ue000 anticipate\ue000 in\ue000 the\ue000 reasonably\ue000 near\ue000 future\ue000 being able\ue000 to\ue000 satisfy,\ue000 the\ue000 minimum\ue000 asset\ue000 requirements\ue000 in\ue000 order\ue000 to\ue000 qualify\ue000 shares\ue000 for\ue000 trading\ue000 on\ue000 NASDAQ\ue000 or\ue000 on\ue000 an exchange\ue000 such\ue000 as\ue000 the\ue000 American\ue000 Stock\ue000 Exchange.\ue000 (See\ue000 "Investigation\ue000 and\ue000 Selection\ue000 of\ue000 Business Opportunities").

The\ue000 Company\ue000 anticipates\ue000 that\ue000 the\ue000 business\ue000 opportunities\ue000 presented\ue000 to\ue000 it\ue000 will\ue000 (i)\ue000 either\ue000 be\ue000 in\ue000 the\ue000 process\ue000 of formation,\ue000 or\ue000 be\ue000 recently\ue000 organized\ue000 with\ue000 limited\ue000 operating\ue000 history,\ue000 or\ue000 a\ue000 history\ue000 of\ue000 losses\ue000 attributable\ue000 to under-capitalization\ue000 or\ue000 other\ue000 factors;\ue000 (ii)\ue000 be\ue000 experiencing\ue000 financial\ue000 or\ue000 operating\ue000 difficulties;\ue000 (iii)\ue000 be\ue000 in\ue000 need\ue000 of funds\ue000 to\ue000 develop\ue000 a\ue000 new\ue000 product\ue000 or\ue000 service\ue000 or\ue000 to\ue000 expand\ue000 into\ue000 a\ue000 new\ue000 market;\ue000 (iv)\ue000 be\ue000 relying\ue000 upon\ue000 an\ue000 untested product\ue000 or\ue000 marketing\ue000 concept;\ue000 or\ue000 (v)\ue000 have\ue000 a\ue000 combination\ue000 of\ue000 the\ue000 characteristics\ue000 mentioned\ue000 in\ue000 (i)\ue000 through\ue000 (iv). The\ue000 Company\ue000 intends\ue000 to\ue000 concentrate\ue000 its\ue000 acquisition\ue000 efforts\ue000 on\ue000 properties\ue000 or\ue000 businesses\ue000 that\ue000 it\ue000 believes\ue000 to\ue000 be undervalued\ue000 or\ue000 that\ue000 it\ue000 believes\ue000 may\ue000 realize\ue000 a\ue000 substantial\ue000 benefit\ue000 from\ue000 being\ue000 publicly\ue000 owned.\ue000 Given\ue000 the\ue000 above factors,\ue000 investors\ue000 should\ue000 expect\ue000 that\ue000 any\ue000 acquisition\ue000 candidate\ue000 may\ue000 have\ue000 little\ue000 or\ue000 no\ue000 operating\ue000 history,\ue000 or\ue000 a history\ue000 of\ue000 losses\ue000 or\ue000 low\ue000 profitability.

area\ue000 or\ue000 industry,\ue000 and\ue000 may,\ue000 therefore,\ue000 engage\ue000 in\ue000 essentially\ue000 any\ue000 business,\ue000 to\ue000 the\ue000 extent\ue000 of\ue000 its\ue000 limited resources.\ue000 This\ue000 includes\ue000 industries\ue000 such\ue000 as\ue000 service,\ue000 finance,\ue000 natural\ue000 resources,\ue000 manufacturing,\ue000 high technology,\ue000 product\ue000 development,\ue000 medical,\ue000 communications\ue000 and\ue000 others.\ue000 The\ue000 Company's\ue000 discretion\ue000 in\ue000 the selection\ue000 of\ue000 business\ue000 opportunities\ue000 is\ue000 unrestricted,\ue000 subject\ue000 to\ue000 the\ue000 availability\ue000 of\ue000 such\ue000 opportunities,\ue000 economic conditions,\ue000 and\ue000 other\ue000 factors.

Any\ue000 entity\ue000 which\ue000 has\ue000 an\ue000 interest\ue000 in\ue000 being\ue000 acquired\ue000 by,\ue000 or\ue000 merging\ue000 into\ue000 the\ue000 Company,\ue000 is\ue000 expected\ue000 to\ue000 be\ue000 an entity\ue000 that\ue000 desires\ue000 to\ue000 become\ue000 a\ue000 public\ue000 company\ue000 and\ue000 establish\ue000 a\ue000 public\ue000 trading\ue000 market\ue000 for\ue000 its\ue000 securities.\ue000 In connection\ue000 with\ue000 such\ue000 a\ue000 merger\ue000 or\ue000 acquisition,\ue000 it\ue000 is\ue000 highly\ue000 likely\ue000 that\ue000 an\ue000 amount\ue000 of\ue000 stock\ue000 constituting\ue000 control of\ue000 the\ue000 Company\ue000 would\ue000 either\ue000 be\ue000 issued\ue000 by\ue000 the\ue000 Company\ue000 or\ue000 be\ue000 purchased\ue000 from\ue000 the\ue000 current\ue000 principal shareholders\ue000 of\ue000 the\ue000 Company\ue000 by\ue000 the\ue000 acquiring\ue000 entity\ue000 or\ue000 its\ue000 affiliates.\ue000 If\ue000 stock\ue000 is\ue000 purchased\ue000 from\ue000 the\ue000 current shareholders,\ue000 the\ue000 transaction\ue000 is\ue000 very\ue000 likely\ue000 to\ue000 be\ue000 a\ue000 private\ue000 transaction\ue000 rather\ue000 than\ue000 a\ue000 public\ue000 distribution\ue000 of securities.\ue000 The\ue000 sale\ue000 of\ue000 a\ue000 controlling\ue000 interest\ue000 by\ue000 certain\ue000 principal\ue000 shareholders\ue000 of\ue000 the\ue000 Company\ue000 could\ue000 occur at\ue000 a\ue000 time\ue000 when\ue000 the\ue000 other\ue000 shareholders\ue000 of\ue000 the\ue000 Company\ue000 remain\ue000 subject\ue000 to\ue000 restrictions\ue000 on\ue000 the\ue000 transfer\ue000 of\ue000 their shares.

Depending\ue000 upon\ue000 the\ue000 nature\ue000 of\ue000 the\ue000 transaction,\ue000 the\ue000 current\ue000 officers\ue000 and\ue000 directors\ue000 of\ue000 the\ue000 Company\ue000 may resign\ue000 their\ue000 management\ue000 positions\ue000 with\ue000 the\ue000 Company\ue000 in\ue000 connection\ue000 with\ue000 a\ue000 change\ue000 in\ue000 control\ue000 of\ue000 the Company\ue000 or\ue000 its\ue000 acquisition\ue000 of\ue000 a\ue000 business\ue000 opportunity.\ue000 In\ue000 the\ue000 event\ue000 of\ue000 such\ue000 a\ue000 resignation,\ue000 the\ue000 Company's current\ue000 management\ue000 would\ue000 not\ue000 have\ue000 any\ue000 control\ue000 over\ue000 the\ue000 conduct\ue000 of\ue000 the\ue000 Company's\ue000 business\ue000 following\ue000 the change\ue000 in\ue000 control\ue000 or\ue000 the\ue000 Company's\ue000 combination\ue000 with\ue000 a\ue000 business\ue000 opportunity.

It\ue000 is\ue000 anticipated\ue000 that\ue000 business\ue000 opportunities\ue000 will\ue000 come\ue000 to\ue000 the\ue000 Company's\ue000 attention\ue000 from\ue000 various\ue000 sources, including\ue000 its\ue000 officers\ue000 and\ue000 directors,\ue000 its\ue000 other\ue000 stockholders,\ue000 professional\ue000 advisors\ue000 such\ue000 as\ue000 attorneys\ue000 and accountants,\ue000 securities\ue000 broker-dealers,\ue000 venture\ue000 capitalists,\ue000 members\ue000 of\ue000 the\ue000 financial\ue000 community,\ue000 and\ue000 others who\ue000 may\ue000 present\ue000 unsolicited\ue000 proposals.\ue000 The\ue000 Company\ue000 has\ue000 no\ue000 plans,\ue000 understandings,\ue000 agreements,\ue000 or commitments\ue000 with\ue000 any\ue000 individual\ue000 for\ue000 such\ue000 person\ue000 to\ue000 act\ue000 as\ue000 a\ue000 finder\ue000 of\ue000 opportunities\ue000 for\ue000 the\ue000 Company.

To\ue000 a\ue000 large\ue000 extent,\ue000 a\ue000 decision\ue000 to\ue000 participate\ue000 in\ue000 a\ue000 specific\ue000 business\ue000 opportunity\ue000 may\ue000 be\ue000 made\ue000 upon management's\ue000 analysis\ue000 of\ue000 the\ue000 quality\ue000 of\ue000 the\ue000 other\ue000 company's\ue000 management\ue000 and\ue000 personnel,\ue000 the\ue000 anticipated acceptability\ue000 of\ue000 new\ue000 products\ue000 or\ue000 marketing\ue000 concepts,\ue000 the\ue000 merit\ue000 of\ue000 technological\ue000 innovations,\ue000 the\ue000 perceived benefit\ue000 the\ue000 business\ue000 opportunity\ue000 will\ue000 derive\ue000 from\ue000 becoming\ue000 a\ue000 publicly\ue000 held\ue000 entity,\ue000 and\ue000 numerous\ue000 other factors\ue000 which\ue000 are\ue000 difficult,\ue000 if\ue000 not\ue000 impossible,\ue000 to\ue000 analyze\ue000 through\ue000 the\ue000 application\ue000 of\ue000 any\ue000 objective\ue000 criteria.\ue000 In many\ue000 instances,\ue000 it\ue000 is\ue000 anticipated\ue000 that\ue000 the\ue000 historical\ue000 operations\ue000 of\ue000 a\ue000 specific\ue000 business\ue000 opportunity\ue000 may\ue000 not necessarily\ue000 be\ue000 indicative\ue000 of\ue000 the\ue000 potential\ue000 for\ue000 the\ue000 future,\ue000 because\ue000 of\ue000 the\ue000 possible\ue000 need\ue000 to\ue000 shift\ue000 marketing approaches\ue000 substantially,\ue000 expand\ue000 significantly,\ue000 change\ue000 product\ue000 emphasis,\ue000 change\ue000 or\ue000 substantially\ue000 augment management,\ue000 or\ue000 make\ue000 other\ue000 changes.\ue000 The\ue000 Company\ue000 will\ue000 be\ue000 dependent\ue000 upon\ue000 the\ue000 owners\ue000 of\ue000 the\ue000 business opportunity\ue000 to\ue000 identify\ue000 any\ue000 such\ue000 problems\ue000 which\ue000 may\ue000 exist\ue000 and\ue000 to\ue000 implement,\ue000 or\ue000 be\ue000 primarily\ue000 responsible\ue000 for the\ue000 implementation\ue000 of,\ue000 required\ue000 changes.\ue000 Because\ue000 the\ue000 Company\ue000 may\ue000 participate\ue000 in\ue000 a\ue000 business\ue000 opportunity with\ue000 a\ue000 newly\ue000 organized\ue000 firm\ue000 or\ue000 with\ue000 a\ue000 firm\ue000 which\ue000 is\ue000 entering\ue000 a\ue000 new\ue000 phase\ue000 of\ue000 growth,\ue000 the\ue000 Company\ue000 will incur\ue000 further\ue000 risks,\ue000 because\ue000 management\ue000 in\ue000 many\ue000 instances\ue000 will\ue000 not\ue000 have\ue000 proven\ue000 its\ue000 abilities\ue000 or effectiveness,\ue000 the\ue000 eventual\ue000 market\ue000 for\ue000 the\ue000 products\ue000 or\ue000 services\ue000 of\ue000 the\ue000 business\ue000 opportunity\ue000 will\ue000 likely\ue000 not\ue000 be established,\ue000 and\ue000 the\ue000 business\ue000 opportunity\ue000 may\ue000 not\ue000 be\ue000 profitable\ue000 when\ue000 acquired.

It\ue000 is\ue000 anticipated\ue000 that\ue000 the\ue000 Company\ue000 will\ue000 not\ue000 be\ue000 able\ue000 to\ue000 diversify,\ue000 but\ue000 will\ue000 essentially\ue000 be\ue000 limited\ue000 to\ue000 one\ue000 such venture\ue000 because\ue000 of\ue000 the\ue000 Company's\ue000 limited\ue000 financing.\ue000 This\ue000 lack\ue000 of\ue000 diversification\ue000 will\ue000 not\ue000 permit\ue000 the Company\ue000 to\ue000 offset\ue000 potential\ue000 losses\ue000 from\ue000 one\ue000 business\ue000 opportunity\ue000 against\ue000 profits\ue000 from\ue000 another,\ue000 and\ue000 should be\ue000 considered\ue000 an\ue000 adverse\ue000 factor\ue000 affecting\ue000 any\ue000 decision\ue000 to\ue000 purchase\ue000 the\ue000 Company's\ue000 securities.